IASbaba Daily Prelims Quiz
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The Current Affairs questions are based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, which are very important sources for UPSC Prelims Exam. The questions are focused on both the concepts and facts. The topics covered here are generally different from what is being covered under ‘Daily Current Affairs/Daily News Analysis (DNA) and Daily Static Quiz’ to avoid duplication. The questions would be published from Monday to Saturday before 2 PM. One should not spend more than 10 minutes on this initiative.
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Question 1 of 5
1. Question
Consider the following statements regarding ‘Neo Banks’
- It is a type of direct bank that operates exclusively online
- It comes under payment banks under RBI rules
- They provide most services excluding credit cards
Select the correct statements
Correct
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Incorrect A neobank is a type of direct bank that operates exclusively online without traditional physical branch networks. There is no such category of banks under the RBI rules They provide banking services use such as savings accounts, instant loans, credit cards, mutual funds, and fixed deposits. They do this via tie-ups with Reserve Bank of India (RBI)-licensed banks. Context- Recent surge of neo-banks in Indian market
Incorrect
Solution(a)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Correct Incorrect Incorrect A neobank is a type of direct bank that operates exclusively online without traditional physical branch networks. There is no such category of banks under the RBI rules They provide banking services use such as savings accounts, instant loans, credit cards, mutual funds, and fixed deposits. They do this via tie-ups with Reserve Bank of India (RBI)-licensed banks. Context- Recent surge of neo-banks in Indian market
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Question 2 of 5
2. Question
Consider the following statements regarding ‘National Mission on Edible Oils – Oil Palm (NMEO-OP)’
- The scheme has a special focus on regions surrounding tropical evergreen forests
- A Viability Price(VP) on the lines of Minimum Support Price is a feature of this scheme
- It comes under the Ministry of Food Processing Industries
Select the correct statements
Correct
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Correct Incorrect The scheme will have a special focus on Northeast region and the Andaman and Nicobar Islands. But, there’s no focus on region surrounding tropical evergreen forests per se. The Government of India will give a price assurance to the oil palm farmers for the FFBs. This will be known as the Viability Price (VP). This VP shall be the annual average CPO price of the last 5 years adjusted with the wholesale price index to be multiplied by 14.3 %. This will be fixed yearly for the oil palm year from 1st November to 31st October The scheme comes under the Ministry of Agriculture and Family Welfare Context- NMEO – OP was launched recently
Incorrect
Solution(b)
Statement Analysis:
Statement 1 Statement 2 Statement 3 Incorrect Correct Incorrect The scheme will have a special focus on Northeast region and the Andaman and Nicobar Islands. But, there’s no focus on region surrounding tropical evergreen forests per se. The Government of India will give a price assurance to the oil palm farmers for the FFBs. This will be known as the Viability Price (VP). This VP shall be the annual average CPO price of the last 5 years adjusted with the wholesale price index to be multiplied by 14.3 %. This will be fixed yearly for the oil palm year from 1st November to 31st October The scheme comes under the Ministry of Agriculture and Family Welfare Context- NMEO – OP was launched recently
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Question 3 of 5
3. Question
Consider the following statements
- Flow of warm, salty water in the bottom layers of the ocean northwards from the Gulf of Mexico
- Cooler denser water sinks and returns southwards towards tropics and then to the South Atlantic as a upper current
Which of the following statements are correct with respect to Atlantic Meridional Overturning Circulation (AMOC)
Correct
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Incorrect Incorrect Flow of warm, salty water in the upper layers of the ocean northwards from the Gulf of Mexico .This is made up of the “Gulf Stream” to the south and the “North Atlantic Current” further north Cooling of water in the high latitudes of the Atlantic, which makes the water denser. This denser water then sinks and returns southwards towards tropics and then to the South Atlantic as a bottom current. Context- It is very likely that AMOC will decline over the 21st century, according to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change.
Incorrect
Solution(d)
Statement Analysis:
Statement 1 Statement 2 Incorrect Incorrect Flow of warm, salty water in the upper layers of the ocean northwards from the Gulf of Mexico .This is made up of the “Gulf Stream” to the south and the “North Atlantic Current” further north Cooling of water in the high latitudes of the Atlantic, which makes the water denser. This denser water then sinks and returns southwards towards tropics and then to the South Atlantic as a bottom current. Context- It is very likely that AMOC will decline over the 21st century, according to the Sixth Assessment Report of the Intergovernmental Panel on Climate Change.
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Question 4 of 5
4. Question
Consider the following
- Computational chemistry
- Cryptography
- Machine learning
- Drug design and development
- Weather Forecasting
Which of the following are the applications of Quantum Computing?
Correct
Solution(d)
All the applications given above are possible through quantum computing.
Context- Ministry of Electronics and Information Technology (MeitY) recently launched QSim – Quantum Computer Simulator Toolkit.
Incorrect
Solution(d)
All the applications given above are possible through quantum computing.
Context- Ministry of Electronics and Information Technology (MeitY) recently launched QSim – Quantum Computer Simulator Toolkit.
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Question 5 of 5
5. Question
‘Moplah/Malabar Rebellion’ took place during
Correct
Solution(b)
Malabar rebellion, also known as the Moplah riots, was an armed uprising of Muslim tenants against British rulers and local Hindu landlords in 1921. It occurred within the broader spectrum of the Khilafat/Non-cooperation movement (1920-1922) led by Mahatma Gandhi.
Context- Malabar Rebellion leaders Variamkunnath Kunhamed Haji, Ali Musaliar and 387 other “Moplah martyrs” will be removed from the Dictionary of Martyrs of India’s Freedom Struggle.
Incorrect
Solution(b)
Malabar rebellion, also known as the Moplah riots, was an armed uprising of Muslim tenants against British rulers and local Hindu landlords in 1921. It occurred within the broader spectrum of the Khilafat/Non-cooperation movement (1920-1922) led by Mahatma Gandhi.
Context- Malabar Rebellion leaders Variamkunnath Kunhamed Haji, Ali Musaliar and 387 other “Moplah martyrs” will be removed from the Dictionary of Martyrs of India’s Freedom Struggle.
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